Free Business Checking
|Monthly Maintenance Fee||$0|
|Account Analysis Fee||$0|
|Minimum Balance Requirement||$0|
|Unlimited Check Writing||$0|
|Unlimited # of Deposits||$0|
|VISA Check and Debit Cards||$0|
|Automatic Funds Transfers||$0|
|Night Deposit Service||$0|
|Night Deposit Bag & Key||$0|
|Fee for Checks Drawn vs. Uncollected Funds||$0|
|Online Bill Pay||$0|
|e-Docs Statements & Notices||$0|
|Bank By Mail||$0|
|Fee for Counting Cash Deposit||$0|
|Fee for Buying Rolled Coins||$0|
Remote Deposit Capture, Re$ubmitIt & CD ROMS Available on this account
N.O.W. Accounts (Sole Proprietors Only)
Earn the current interest rate and enjoy the benefits of unlimited check writing regardless of the account balance. A $5.00 service charge is assessed on accounts falling below $1000.00 per statement cycle. Fees could reduce earnings. Free VISA Check/Debit or Moneymaker ATM Cards (Max. 2 per account). Free Telephone and Internet Banking and Online Bill Payer Service. HNB eDocs Statements & Notices are available.
Money Market Deposit Accounts (MMDA)
- Balances over $2,500 earn interest at the current market rate.
- Minimum balance of $1,000.00 will avoid a the $5.00 monthly service charge. Fees could reduce earnings.
- Interest is accrued daily, credited & compounded monthly
- Interest rate may change daily, with no maximum or minimum
- HNB eDocs Statements & Notices available
- Immediate access to all collected funds
- Access with Checks, ATM/Check Cards, Telephone & Internet Banking
- Unlimited number of transfers or withdrawals made in person
- Maximum of 6, 3rd party withdrawals or transfers per statement cycle
Investors Advantage MMDA:
A tiered MMDA that earns higher rates of interest for higher balances with the same terms and transaction limitations as regular MMDA. HNB eDocs Statements & Notices available.
|8 Balance Tiers|
|$2,500 or greater, but less than $10,000.99|
|$10,000 or greater, but less than $25,000.99|
|$25,000 or greater, but less than $50,000.99|
|$50,000 or greater, but less than $100,000.99|
|$100,000 or greater, but less than $250,000.99|
|$250,000 or greater, but less than $500,000.99|
|$500,000 or greater, but less than $1,000,000.99|
|$1,000,000 or greater|
Fees could reduce earnings
Remote Deposit Capture & SpecialCD ROMS Available on this account
INFORMATION REGARDING FDIC INSURANCE COVERAGE
The Honesdale National Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2012, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. IOLTA accounts are included in this coverage.
NOW accounts are not included in this coverage.